In a new twist to the competition, one of the five racks consisted entirely of two-point "moneyballs," and shooters could decide which of the five racks to use. Belinelli chose the final rack in each of his rounds. Beal chose the second.

Portland Trail Blazers guard Damian Lillard, who is competing in all five events of All-Star Weekend and won the Taco Bell Skills Challenge, was eliminated in the first round, as were Minnesota Timberwolves power forward Kevin Love and Golden State Warriors guard Stephen Curry.